Foreign Direct Investment, FDI, in micro and small enterprises has been raised to 100 per cent from 24 per cent to promote capital investment by foreign multinational companies. This information was given by Minister of State for Micro, Small and Medium Enterprises, K. H. Muniyappa in a written reply in the Lok Sabha today. He said that enhanced capital investment by foreign multinational companies will create an environment of healthy competition among MSMEs whether financed by foreign investment or otherwise, resulting in availability of better products for consumers. Mr Muniyappa however said that FDI in MSMEs is subject to sectoral caps and other relevant sectoral regulations.